Debt Management
Debt Management News and Debt Management Information.

UPDATE 1-Ace Ltd posts 46 percent drop in 1st-quarter net - Reuters
NEW YORK, April 29 (Reuters) - Ace Ltd (ACE.N: Quote , Profile , Research ), the largest Bermuda insurance company, said on Tuesday net income fell 46 percent in the first quarter, but operating earnings beat Wall Street expectations. Ace, which

Generation Resources files bankruptcy - Kansas City Business Journal
The Leawood-based wind-energy project developer filed to rid itself of as much dischargeable debt as possible as the company has little in the way of personal property but owes nearly $6 million to creditors holding unsecured nonpriority claims

Canoga Park man sentenced in tax evasion scheme - Los Angeles Daily News
A Canoga Park man was sentenced to five years in federal prison on a tax evasion conviction. Dante Marco Fala admitted that he owned and operated Harrison Asset Management, Inc., Money Asset Management, Inc., and Cash Asset Management, Inc., asset

Lehman Plans EU1.1 Billion CLO to Cut Buyout Loans (Update1) - Bloomberg
April 29 (Bloomberg) — Lehman Brothers Holdings Inc. is seeking investors for a collateralized loan obligation that would buy 1.1 billion euros ($1.72 billion) of high-yield debt from the securities firm, said two people with knowledge of the deal

Fitch Affirms Adventist Health’s (CA) Bonds; Outlook Stable - Forbes
Fitch has affirmed its underlying ‘A’ rating on the approximately $813.4 million in outstanding revenue bonds issued on behalf of Adventist Health System/West (AHS). The Rating Outlook is Stable. AHS plans to convert its approximately $115 million